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Small-business projects in India and Latin America will provide a test of how well an open source blockchain can reduce the fraud that can occur when businesses try to free up capital from outstanding payments.
March 7
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Members of Cheshire County Federal Credit Union have approved the merger into the Gardner, Mass.-based GFA.
March 6
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For years Carter Bank in Virginia had resisted technology of all kinds — even ATMs. But a leadership change, rising rates and a thirst for low-cost deposits finally led to a change in philosophy.
March 6
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The State Bank of India and Hitachi Payment Services plan to bring their heft to a joint merchant acquiring venture to expand digital payments in India.
March 6
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After converting to a mutual savings bank in 2013, the former CU is set to become a fully stock-owned company.
March 6
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The $59 million-asset credit union has named a new CEO and chief operating officer.
March 6
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The Mississippi company will pay more than $200 million for the parent companies of Texas Star Bank and Summit Bank.
March 6
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The former credit union will shed its mutual status when it becomes a fully stock-owned company.
March 5 -
Kelly Skalicky has succeeded her father as CEO of the Minnesota bank.
March 5
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Chinese mobile payment apps Alipay and WeChat Pay have made deep inroads into Western markets, and now UnionPay, China’s state-run card network, is catching up.
March 5
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The Kansas-based institution saw growth in a number of areas last year, though increased staffing costs.
March 5
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Vince Liuzzi previously served as chief banking officer at DNB First in Pennsylvania.
March 5
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Jared Wolff, a former PacWest executive, had been the general counsel at City National Bank.
March 5
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The company will open its first office in Iowa after buying the business from Bankers Trust.
March 5
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Gulf Atlantic Bank would be the eighth bank in the market, and just the second with local ownership.
March 5
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The Illinois-based credit union has broadened its field of membership to include two Missouri counties and issued another dividend.
March 5
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Barclays is preparing to merge its wearable mobile payments product BPay with its more popular Pingit app, after it struggled to attract users.
March 5
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The payout included bonus dividends and a 7 percent refund of loan interest paid by members.
March 5
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Donald Finn began his credit union career in 1964 by working as a loan officer for a Michigan institution.
March 4 -
Several groups have gone public with plans to start a bank since the state enacted a law to make it easier, but none have actually filed with the FDIC.
March 4
